The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-07-28
Proclaiming of the League Postponed
Until Adjournment of Parliament.
Mgr. Persico Makes Report Highly Lauda-
tory of the People of Ireland-Duellist Paul
de Cassagnac Declines Laur's Challenge


Effects OF the New Measure Already Felt
ProciaiminG of the League Postponed
Special to the INDIANAPOLIS Journa,.
LONDON, July 27.-The effect of the coercion
act is already visible in the financial centers of
Ireland, and its power for working evil is dem
onstrated in a field entirely apart from that in
which it was expected to be oppressive. The
proclamation of the Irish counties has had the
result of destroying confidence in the stability of
institutions of investment and capitalized in
dustries, and general feeling akin to that of
panic prevails. Financial depression and a con-
sequent falling off in trade is markedly ohserv-
able. and even bank stocks have succumbed to
the surrounding influence and dropped to the
level of the new standard of values. Bank of
Ireland stock fell 81 per share to-day, and is
now held at f2S2 per share, but will probably go
lower
1t is now asserted by persons who are in the
confidence of the Chief Secretary for Ireland
that the proclamation of the Irish National
League will not be promulgated by the Dublin
Castle government until after the adjournment
of Parliament. The reason for this delay in
forcing the governments policy of suppression
of the league, which the main purpose of
the coercion bill. is quite obvious The govern
ment is being hard pressed on the land oill and
crusade against the league, with specific
charge against the organization would be
suicidal at a time when the Ministry experiences
great difficulty in parrying the thrusts already
directed against it In the present fight for life.
Meanwhile the delay is of great advant-
age to the league and correspondingly
inimical to the governments success
in crushing its active enemy. With
full knowledge of the governments intentions,
and the time, approximately, of their enforce
ment, the league has ample time 20 put it's house
in order, and the chances overwhelm-
ingly favorable to the probability that when the
government gets ready to suppress it's political
antagonist, nothing will be found to suppress.
The leagues elasticity of organization. the rami-
fcations of its power, and its almost ubiquitous
influence, the intangible elements with
which the government will have to deal aud it
is difficult how the pon6erous machinery
of the crimes act, working within the narrow
grooves which the resident magistrates and
police officials pleased to call their minds,
can prevail against the evanescent shadow that
the peculiar construction of the league permits
it to shrink into without imparing it's
vitality or curtaiing its power. The
lngenu uity of the Irish leaders has been
equal TO the formation Of an organization
capable of meeting and sursnounting every
obstacle hitherto placed in its way and it is not
too much to say that they will be found equal
to the evasion of the provisions of the law whose
primary object is the destruction of that organi-
alton. That the scheme of suppressng the
league will prove to be utterly futile there is
doubt, even in the minds of those whose inter
ests demand its annihilaton.